On October 14, 2022, Kroger and Albertsons Companies, Inc. announced that the companies had entered into a definitive agreement to merge. A press release explained that the deal would join "two complementary organizations with iconic brands and deep roots in their local communities to establish a national footprint and unite...
New York, NY—Wicked Kitchen has announced the acquisition of plant-based seafood brand Good Catch, taking over the company's North American channels. The two brands were founded by brothers Chad and Derek Sarno, both chefs. According to the announcement, they are merging the brands to support one mission: “Creating amazing foods that...
New Hampton, NY—Balchem Corporation shared the news of its acquisition of leading methylsulfonylmethane (MSM) manufacturer Bergstrom Nutrition. Bergstrom will join Balchem’s Human Nutrition and Health business division and the Minerals & Nutrients business unit. “We are excited to welcome Bergstrom Nutrition to Balchem," said Ted Harris, Chairman, CEO and President...
KeHE named best employer for women KeHE Distributors was named one of America’s Best Employers For Women in Forbes’ annual ranking. Forbes teamed up with market research company Statista to survey 50,000 Americans—30,000 women and 20,000 men from different companies with at least 1,000 employees. Respondents were asked to rate their organization on...
City of Industry, CA--Sirio Pharma Co., Ltd., and contract manufacturer Best Formulations, Inc., have entered into an agreement for Sirio to acquire 80% equity of Best. Founded in 1984, Best Formulations, manufactures for leading health and wellness brands in the U.S. “This is a significant milestone in Sirio’s strategy to establish a...
Hampton, NY—Balchem Corporation has signed a definitive agreement to acquire Kappa Bioscience AS. Kappa offers K2VITAL a branded synthetic vitamin K2. Balchem is acquiring Kappa from majority owner Verdane Edda for approximately USD $338M. “We are thrilled to welcome Kappa Bioscience’s strong and experienced team to Balchem," said Balchem Ted...
Toronto, Canada—Jamieson Wellness announced its acquisition of California-based Nutrawise Health & Beauty Corporation. Jamieson Wellness will acquire the manufacturer and marketer of supplements under the Youtheory brand in the U.S. and other international markets, for nearly $210 million. About the Deal The $210 million includes $25 million in Jamieson Wellness...
London, England—Unilever announced its majority stake of hair growth supplement and wellness brand Nutrafol. Unilever currently has a minority share at 13.2%, through its private equity arm, Unilever Ventures Ltd. Nutrafol, backed by the private equity firm L Catterton, will function with Unilever’s Health & Wellbeing unit. Its possession is...
Danbury, CT—Organic snack company LesserEvil announced its acquisition of R.E.D.D. Bar. The deal will permit the company to be competitive in the snack food market and help R.E.D.D. expand through LesserEvil’s industry connections and network, according to a press release. “Given LesserEvil’s focus on functional snacking, the bar category is...
New York, NY—IFF has completed its previously announced acquisition of Health Wright Products, LLC (HWP). Founded in 1995, HWP is a leader in formulation and capsule manufacturing for the dietary supplement industry. The privately owned company has been a long-time business partner of IFF’s Health & Biosciences probiotics business, IFF shared, adding...
